The English Pub is a good all-rounder pub. They have a big wheel of fortune where you can win a metre worth of beer and there are often acoustic guitar players around. Good in the early evening or on weekdays, not so great for dancing.
This particularly Icelandic breed of the English pub (handily named the English Pub) has a lovely seating area out back, adjoined to Austurvöllur square, and a wide range of drinks on offer.
There is often football on the television and live music almost every night. The pub encourages musical requests and patrons to dance along, making for a potentially energetic evening every night of the week.